# 🔻     Trigger Order

## Sell Trigger Order

A trigger order enables the user to automatically execute a sale of their position when a specified condition is met.

A Limit Order and a Trigger Order are different. A Limit Order sells at the exact price you set, but a Trigger Order might not because of slippage. So, when you sell with a Trigger Order, the final selling price could be different from the one you chose.

Slippage Tolerance is set at 25% for the Take Profit orders and 50% for Stop Loss orders.

The current open orders limitation is 5. So the user can not create more than 5 orders overall.

<figure><img src="https://84449796-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWkQUD17D4RTMnK9tJtWa%2Fuploads%2FPrxSPZE9edqmOYPfSDhk%2Fimage.png?alt=media&#x26;token=e31bc8d7-75dd-4430-be9f-765ab24a4aa6" alt="" width="375"><figcaption><p>Position Scene</p></figcaption></figure>

### Order types

There are two types of Sell orders:

* Stop Loss (SL). Sl order is a “command” to sell a token when its Price or FDV drops to a set level, reducing potential losses.
* Take Profit (TP). TP order is a “command” to sell a token when its Price or FDV rises to a predetermined condition, aiming to secure profits.

Users may choose the type of order by clicking on the “Take Profit” or “Stop Loss” buttons.

### Take Profit order

<figure><img src="https://84449796-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWkQUD17D4RTMnK9tJtWa%2Fuploads%2F5U0KWcjjuC4Dz6wS2QjH%2Fimage.png?alt=media&#x26;token=0faec482-d9da-453c-bfc5-aaf971c139ea" alt="" width="375"><figcaption><p>Take Profit Order configuration</p></figcaption></figure>

There are 2 possible configurations in the Take Profit order:

* Amount. 50% or Custom %. If the user clicks on the "Amount: —%" button, they will need to enter a percentage value manually. For example, entering "44" means 44%. The available options range from 0 to 100.
* Sell Trigger. Users can pick one of two triggers: either the token's growth percentage compared to its current price, or its Fully Diluted Valuation (FDV).
  * Take Profit: 100% (x2), 200% (x3), 300% (x4) or Custom Input. If the user clicks on the "TP: —%" button, they will need to enter a percentage value manually. For example, entering "501" means 501%. There is no limitation for % value.
  * FDV: Custom input of the Sell Trigger FDV. The possible values are from 0 to 10,000,000,000,000.

*In custom fields, only numbers should be entered; including symbols such as % or others will result in an error.*

### Stop Loss order

<figure><img src="https://84449796-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWkQUD17D4RTMnK9tJtWa%2Fuploads%2FUWMyuNpnCI9euWje6GC3%2Fimage.png?alt=media&#x26;token=937f252e-8ac2-4876-8760-7a88f954c537" alt="" width="375"><figcaption><p>Stop Loss Order configuration</p></figcaption></figure>

There are 2 possible configurations in the Stop Loss order:

* Amount. 50% or Custom %. If the user clicks on the "Amount: —%" button, they will need to enter a percentage value manually. For example, entering "44" means 44%. The available options range from 0 to 100.
* Sell Trigger. Users can pick one of two triggers: either the token's growth percentage compared to its current price, or its Fully Diluted Valuation (FDV).
  * Stop Loss: -10%, -25%, -50%, or Custom Input. If the user clicks on the "SL: —%" button, they will need to enter a percentage value manually. For example, entering "20" means -20%. The available options range from 0 to 100.
  * FDV: Custom input of the Sell Trigger FDV. The possible values are from 0 to 10,000,000,000,000.

### Edit Existing Order

The user may see the list of created Trigger Orders under every position.

<figure><img src="https://84449796-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWkQUD17D4RTMnK9tJtWa%2Fuploads%2FmxhisFvnwFxq8nZYh0GS%2Fimage.png?alt=media&#x26;token=1a02e982-716d-4027-b07d-0576cd96de48" alt="" width="375"><figcaption></figcaption></figure>

If the user clicks on the Open Orders button the following menu appears:

<figure><img src="https://84449796-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWkQUD17D4RTMnK9tJtWa%2Fuploads%2FtoiaAmnK142Mfo2MmXuj%2Fimage.png?alt=media&#x26;token=37a1e60a-f978-45e1-b32a-83956c0a5c04" alt="" width="375"><figcaption><p>Orders management scene</p></figcaption></figure>

Possible options are:

* Edit Order. All parameters, except for the order type (Take Profit or Stop Loss), are editable.
* Cancel Order. The order will be immediately canceled after confirmation.

<figure><img src="https://84449796-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWkQUD17D4RTMnK9tJtWa%2Fuploads%2FZ8UcVmN3xx3rR8i39sD6%2Fimage.png?alt=media&#x26;token=6bb07881-876e-4bd7-8763-a9d610f2ef1e" alt="" width="375"><figcaption><p>Order Edit scene</p></figcaption></figure>

If the user chooses to continue with the edited order the previous order will be automatically replaced by a new one.
